The entry of new signs and the decline in “Corona” injuries and summer vacations are factors that supported the decline

Gloves .. New types at lower prices and discounts of more than 30% on the "old"

The "Emirates Today" tour showed an abundance of gloves amidst various price offers.

Photography: Eric Arrasas

Consumers in Abu Dhabi said that outlets offered new types of imported and local gloves, at prices lower than those in the market by up to 20%, while outlets offered discounts on old types, for the first time since the emergence of the “Covid-19” pandemic, at rates exceeding 30. %.

Two officials in two outlets confirmed that the entry of new brands into the local market, whether they were imported or local, and the presence of an abundance of supply, played a major role in the price decline, and in the discount offers, pointing out that the decline in infections with the “Corona” virus, and the summer vacation period Which is witnessing a decline in demand in general, in support of these reductions.

A tour of "Emirates Today", in a number of major and major outlets in Abu Dhabi, showed an abundance of gloves, amid various price offers, as well as a remarkable diversity of brands.

new species

In detail, the consumer, Ali Al-Amir, said that outlets began offering new types of gloves, at prices lower than those in the market, at a time when other outlets offered price reductions on different types, for the first time, after the prices of gloves witnessed significant increases since the beginning of the pandemic. COVID-19, due to high demand.

The prince explained that the new prices are less than the prevailing in the market by up to 20%, pointing to price reductions on an old type in the market from 32 to 21 dirhams, a decrease of 34%.

The prince confirmed that there is a remarkable diversity in the types available in the market, after it was limited during the past months, noting that their prices began to decline.

Abundance and diversity

In turn, the consumer, Reem Khaled, said that she noticed the introduction of new types of gloves at prices that are approximately 20% lower than the prevailing prices in the market, pointing out that the market was suffering from a lack of available brands, which limited consumers' choices in a commodity of great importance.

And she added, "Outlets of sale offered discount offers on gloves available in the market, so that their price decreased for the first time, since the emergence of the pandemic, as the price of a type decreased from 39 to 30 dirhams, a decrease of 23%."

Khaled considered that the low price supports consumers, and increases the use of gloves to prevent the virus, pointing out that there is an abundance and diversity of gloves in the market today.

As for the consumer, Nour Abdul Majeed, he confirmed that the glove market is witnessing changes for the benefit of consumers, pointing out that the market has begun to witness new types of gloves at prices lower than the “old” at rates exceeding 20%, and outlets have also offered discounts on a type, dropping from 35 dirhams to 29 AED, a decrease of 17%, while the price of another type decreased by 22%.

Regression factors

In addition, the official at a large outlet in Abu Dhabi, Rajiv Tamara, said that the entry of new brands into the local market, whether they were imported or local, and the abundance of supply, played a major role in the price decline and in the discount offers.

He added that the decline in infections with the "Corona" virus, as well as the summer vacation period, which is witnessing a decline in demand in general, supported these reductions.

Tamara pointed out that the demand for gloves increased by more than 200% after the pandemic, which caused their prices to rise significantly.

For his part, the sales official in another outlet, Muhammad Seddiqi, attributed the decline in prices on the types of gloves available in the market to the multiplicity of types, the expansion of import sources, and the entry of new local types in the market, as well as the decline in infections with the “Corona” virus and the summer vacation period, pointing out All of these factors contributed to the decline in different proportions.

The sea expects larger declines in the prices of gloves

The retail affairs expert, Ibrahim Al-Bahr, said that the increase in the intensity of competition, after the market was monopolized by only two or three types of gloves, is behind the decline in prices, especially since the competition led to a decline in sales of some companies, which inflicted losses on them, and they sought to revitalize their sales. through discount offers.

Al-Bahr expected that the coming period would witness greater declines in the prices of gloves, with the continued entry of other types into the market, especially in light of the completely open importation, and the absence of obstacles in front of it, in addition to the excellence of local production.

Al-Bahr stressed the importance of continuous monitoring of markets, by the competent authorities, to control prices and not exploit consumers.

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